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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Ottawa offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Ottawa, IL presents an appealing short-term rental opportunity with an ROI score of 73 out of 100, driven primarily by an above-average revenue-to-price ratio. With average home values around $318,310 and annual STR revenue averaging $29,479, investors can achieve meaningful yield relative to acquisition costs. The market currently hosts 73 active Airbnb listings with a 34% occupancy rate — right in line with the Illinois state average — and a notable 66% year-over-year growth in listing count signals rising investor interest in this small-market gem along the Illinois River.
According to Rabbu market data, the Ottawa short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 73 |
| Average Daily Rate (ADR) | vs. $319 state avg. | $215 |
| Average Occupancy Rate | vs. 33% state avg. | 34% |
| RevPAN | ADR * Occupancy Rate | $73 |
| Average Monthly Revenue | Historical 12-month average | $2,456 |
| Average Annual Revenue | Historical 12-month average | $29,479 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Ottawa appeals to investors seeking favorable revenue-to-price ratios in a growing small-market destination with seasonal outdoor recreation and tourism appeal.
Key investment factors
"Ottawa represents an attractive opportunity for STR investors looking beyond saturated metro markets, earning its 73/100 ROI score through a strong revenue-to-price ratio and above-average growth trajectory. The market's pronounced seasonality — with August peaks near $4,180 and January lows around $1,152 — means investors should plan for roughly a 3.5x revenue swing between best and slowest months. Larger properties clearly outperform here, with 4-bedroom units capturing 50% occupancy and $38,589 in annual revenue, far exceeding smaller configurations. The moderate supply of just 73 listings leaves room for well-positioned new entrants, though the rapid 66% listing growth warrants attention to ensure the market doesn't tip toward oversupply."
— Rabbu Market Analysis Team
Ottawa's revenue peaks sharply in July and August at roughly $4,168–$4,180, then drops to its lowest point in January at $1,152 — nearly a 3.6x spread that underscores the market's strong summer seasonality. Investors should budget for lean winter months while capitalizing on a solid five-month window (June–October) where monthly revenue consistently exceeds $2,800.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,152 |
| February |
|
$1,430 |
| March |
|
$1,611 |
| April |
|
$1,973 |
| May |
|
$2,383 |
| June |
|
$3,036 |
| July |
|
$4,168 |
| August |
|
$4,180 |
| September |
|
$2,888 |
| October |
|
$2,947 |
| November |
|
$1,867 |
| December |
|
$1,838 |
Two-bedroom properties dominate Ottawa's supply with 33 of 73 total listings (45%), followed by 3-bedrooms at 18 units. One-bedroom listings are notably scarce at just 7, which could represent either limited demand or an underserved niche worth exploring given their $2,248 average monthly revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
7 |
| 2 bedrooms |
|
33 |
| 3 bedrooms |
|
18 |
| 4 bedrooms |
|
8 |
Three-bedroom properties command the highest ADR at $265, creating a significant premium over 2-bedrooms at $168, while 4-bedrooms actually dip to $227. This suggests 3-bedroom homes hit a pricing sweet spot for group travelers, though the lower ADR on 4-bedrooms may reflect competitive pricing strategies to maintain their market-leading 50% occupancy.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$177 |
| 2 bedrooms |
|
$168 |
| 3 bedrooms |
|
$265 |
| 4 bedrooms |
|
$227 |
Four-bedroom properties deliver the strongest RevPAN at $113, nearly double the next-best 2-bedroom category at $66, thanks to a combination of solid ADR and the highest occupancy rate in the market. One-bedroom units trail significantly at $40 RevPAN, indicating that smaller configurations struggle to generate efficient per-night revenue in Ottawa.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$40 |
| 2 bedrooms |
|
$66 |
| 3 bedrooms |
|
$54 |
| 4 bedrooms |
|
$113 |
Occupancy rates vary dramatically by size in Ottawa — 4-bedroom properties lead at 50% while 3-bedrooms lag at just 21%, despite 3-bedrooms having the highest ADR. Two-bedroom units maintain a steady 39% occupancy, making them a reliable option for investors prioritizing cash-flow consistency over peak-revenue potential.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
23% |
| 2 bedrooms |
|
39% |
| 3 bedrooms |
|
21% |
| 4 bedrooms |
|
50% |
Four-bedroom properties top the revenue charts at $3,215 per month, followed by 3-bedrooms at $2,993 and 1-bedrooms at $2,248. Two-bedroom units, despite being the most common listing type, generate the lowest monthly revenue at $1,874, suggesting the segment may face more competitive pricing pressure due to its larger supply.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,248 |
| 2 bedrooms |
|
$1,874 |
| 3 bedrooms |
|
$2,993 |
| 4 bedrooms |
|
$3,215 |
On an annual basis, 4-bedroom homes generate the highest revenue at $38,589, followed by 3-bedrooms at $35,917 — a meaningful step up from 1-bedrooms ($26,986) and 2-bedrooms ($22,492). The $16,000+ gap between 4-bedroom and 2-bedroom annual revenue makes larger properties compelling for investors willing to take on higher acquisition and operating costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$26,986 |
| 2 bedrooms |
|
$22,492 |
| 3 bedrooms |
|
$35,917 |
| 4 bedrooms |
|
$38,589 |
Every listed property in Ottawa offers a kitchen (100%), and parking is nearly universal at 97%, reflecting the car-dependent nature of this small-city market. Self check-in (86%), washer/dryer (85%), and workspace (63%) round out the essentials, while outdoor amenities like patios (58%), pet-friendliness (51%), and BBQ grills (49%) signal that guests expect a home-like outdoor experience — investors adding pools (currently at 29%) or hot tubs (6%) could differentiate effectively.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
97% |
| Self Check-in |
|
86% |
| Washer |
|
85% |
| Dryer |
|
85% |
| Workspace |
|
63% |
| Patio or Balcony |
|
58% |
| Pets |
|
51% |
| Backyard |
|
51% |
| BBQ Grill |
|
49% |
| Outdoor Furniture |
|
40% |
| Pool |
|
29% |
| Waterfront |
|
14% |
| Hot Tub |
|
6% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Ottawa Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Ottawa's ROI score of 73 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio — the most heavily weighted factor at 40% — which reflects strong yield potential relative to the market's $318,310 average home value. Occupancy stability and supply/demand balance both rate as average, while the market growth trend scores above average, suggesting the destination is gaining traction without yet showing signs of saturation. Investors should pair these metrics with local regulatory research and property-level due diligence to validate individual deal economics.
Understanding local STR regulations is essential before investing in Ottawa. Here's the current regulatory landscape:
Short-term rental operators in Ottawa, Illinois may be required to obtain permits or register their properties with local authorities. Investors should verify current STR permit requirements directly with the City of Ottawa and LaSalle County before listing a property.
Common STR restrictions in markets like Ottawa can include occupancy limits based on property size, minimum stay requirements, noise ordinances, and parking regulations. Additionally, homeowners association rules may apply in certain neighborhoods, and investors should confirm whether any permit caps or zoning restrictions are in effect locally.
STR hosts in Illinois are generally subject to state and local occupancy taxes, and platforms like Airbnb often collect and remit these on behalf of hosts. Investors should confirm whether Ottawa levies any additional municipal lodging or tourism taxes beyond the state-level obligations.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Ottawa can provide current regulatory guidance.
Financing an Airbnb investment in Ottawa requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Ottawa's STR market is expected to continue its upward trajectory given the above-average market growth trend identified in our analysis. Summer months (July–August) should remain the primary revenue drivers, with monthly earnings potentially reaching $4,000–$4,200 during peak season, while winter months may dip to the $1,100–$1,500 range. ADR could see modest gains of 2–5% as operators refine pricing strategies and the market matures. However, with listing supply growing at 66% year-over-year, investors should monitor whether demand keeps pace with the rapidly expanding inventory to ensure occupancy remains stable."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and market conditions as of the dates noted; actual performance may differ as supply and demand evolve. Local regulations, tax obligations, and permit requirements are subject to change — investors should verify current rules with municipal authorities before purchasing.
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